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Chart Of The Day: Cisco Extends Downtrend

After Wednesday's close, Cisco's (NASDAQ:) shares plummeted as much as 12% in the aftermarket, following management's sharp reduction in its revenue forecasts. The company projection for the current quarter is about $12.7 billion, which...

Dollar Edges Higher; U.K. Inflation Soars to 40-Year Highs By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Wednesday, rebounding after overnight losses, while sterling weakened after U.K. inflation soared in April. At 3:50 AM ET (0750...

Opening Bell: Disappointing Chinese Data Sends U.S. Futures, Stocks Lower

Economic worries return Bitcoin slid below $30,000 Oil crept lower Key EventsRetail sales data from China showed that the economy there was harder hit by recent coronavirus restrictions than expected. The news dented traders' optimism that...

Dollar Edges Lower, But Remains Near 20-Year High By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Friday, but remained near a 20-year high with Federal Reserve Chair Jerome Powell largely cementing the likelihood of...

Dollar Strengthens After CPI; Sterling Hit by GDP Release By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar strengthened in early European trade Thursday to a new two-decade high after U.S. inflation remained stubbornly high, while sterling weakened on disappointing U.K. growth...

Chart Of The Day: While The S&P 500 May Bounce, Its Trajectory Is Lower

The Index rebounded 0.25% yesterday, ending a three-day losing streak that pressed the index below the critical 4,000 level for the first time since March 2021. Last month, the gauge suffered its worst...

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